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  • [ September 19, 2023 ] Ahoy, New York’s most unique real estate deal: James Franco houseboat lists for $250K New York Post
  • [ September 19, 2023 ] This Hamptons home is asking $3.2M — after selling for $2.6M in June New York Post
  • [ September 19, 2023 ] Influencer Natasha Oakley’s California home lists for $1.9M New York Post
  • [ September 19, 2023 ] Richard Burton’s London love nest with Elizabeth Taylor hits market for $9.8M New York Post
  • [ September 19, 2023 ] NJ real estate swindler gets 24-month stretch for $400K ripoff New York Post
HomeTop News

Top News

“Top news” generally refers to the most important and significant stories of the day, week, or month, as determined by journalists, editors, or news outlets. Top news stories often cover a range of topics, including politics, economics, social issues, health, and entertainment, among others.

Top news stories are usually reported by reputable news organizations, such as major newspapers, news networks, and news websites, and are often featured prominently on their front pages or homepages.

Iran
Home Values

NYC townhouse of exiled Iranian princess lists for $36M

August 24, 2023 Mariel Alumit Comments Off on NYC townhouse of exiled Iranian princess lists for $36M

The former Manhattan home of the late Iranian princess Ashraf Pahlavi has listed for $36 million, The Post has learned. Located at 29 Beekman Place, that price is far above the $11.5 million paid for […]

Mortgage
Financial Markets

Mortgage Application Volume Struggling With Higher Rates

August 24, 2023 Allen Santos Comments Off on Mortgage Application Volume Struggling With Higher Rates

Mortgage interest rates rose again last week, reaching the highest level in nearly a quarter century and further sidelining mortgage borrowers. The Mortgage Bankers Association (MBA) reported that its Market Composite Index, a measure of […]

Mortage News

New Home Sales Benefit from Inventory Issues

August 24, 2023 Allen Santos Comments Off on New Home Sales Benefit from Inventory Issues

Sales of newly constructed homes appear to be benefitting from the very lack of inventory that is stifling existing home sales.  July’s sales of pre-owned homes lagged sales a year earlier by more than 16 […]

Mortgage
Investing

Mortgage rates hit highest level since 2001 in latest blow to homebuyers

August 24, 2023 Allen Santos Comments Off on Mortgage rates hit highest level since 2001 in latest blow to homebuyers

The average long-term mortgage rate climbed further above 7% this week to its highest level since 2001, another blow to would-be homebuyers grappling with rising home prices and a stubbornly low supply of properties on […]

home
Housing

Man converts police riot van into a tiny home on wheels for $14,000

August 24, 2023 Allen Santos Comments Off on Man converts police riot van into a tiny home on wheels for $14,000

This guy’s tiny home is, well, quite the riot. Escaping an ordinary life, a vagabond couple living the van life transformed a former police riot van into their own tiny home, The Sun reports. “This […]

inflation
Economy

Analysis: US bond yields surge despite muted inflation as investors look beyond Fed

August 23, 2023 Mark Paul Cervantes Comments Off on Analysis: US bond yields surge despite muted inflation as investors look beyond Fed

NEW YORK, Aug 23 (Reuters) – A recent spike in U.S. bond yields has come alongside muted expectations for inflation, a sign to some bond fund managers that economic resilience and high bond supply are […]

Inflation Reduction Act
Economy

The US Inflation Reduction Act one year on – what’s been achieved for the green economy?

August 23, 2023 Mark Paul Cervantes Comments Off on The US Inflation Reduction Act one year on – what’s been achieved for the green economy?

One year on, the Inflation Reduction Act has sparked a green revolution in the US. Tax breaks have seen a surge in sales of electric vehicles and heat pumps. The World Economic Forum’s Future of […]

housing market
Top News

These 2 stats show how tight the US housing market has become in the last year

August 23, 2023 Mark Paul Cervantes Comments Off on These 2 stats show how tight the US housing market has become in the last year

The US housing market is historically unaffordable, and home sales and inventory remain low. National Association of Realtors data shows existing-home sales are down 16.6% from last July. At the same time, total housing inventory […]

real estate
Mortage News

US mortgage rates will create ‘dire’ situation for real estate market, expert warns

August 23, 2023 Mark Paul Cervantes Comments Off on US mortgage rates will create ‘dire’ situation for real estate market, expert warns

One U.S. market expert is echoing similar concerns as some of the nation’s top real estate industry leaders about the short-term future of the industry. “As time goes on and people have to roll out of those […]

Mortgage
International

Mortgage News: Nationwide Makes Further Cuts Across Fixed-Rate Range

August 23, 2023 Mark Paul Cervantes Comments Off on Mortgage News: Nationwide Makes Further Cuts Across Fixed-Rate Range

23 August: Virgin Money Also Trims Rates, Adds Deals Nationwide building society, the UK’s second biggest mortgage lender, has cut interest rates on fixed rate deals for new and existing customers by up to 0.4 […]

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U.S. Market

Federal
Housing Wire

Federal Reserve fines Regions Bank $2.95 million for ‘unsafe’ flood insurance program

August 24, 2023 Comments Off on Federal Reserve fines Regions Bank $2.95 million for ‘unsafe’ flood insurance program

The Federal Reserve System this week fined Birmingham, Ala.-based Regions Bank $2.95 million for “unsafe and unsound practices in its flood insurance compliance program and for flood insurance regulatory violations,” according to the Fed. The […]

Mortage News

New Home Sales Benefit from Inventory Issues

August 24, 2023 Comments Off on New Home Sales Benefit from Inventory Issues

Sales of newly constructed homes appear to be benefitting from the very lack of inventory that is stifling existing home sales.  July’s sales of pre-owned homes lagged sales a year earlier by more than 16 […]

inflation
Economy

Analysis: US bond yields surge despite muted inflation as investors look beyond Fed

August 23, 2023 Comments Off on Analysis: US bond yields surge despite muted inflation as investors look beyond Fed

NEW YORK, Aug 23 (Reuters) – A recent spike in U.S. bond yields has come alongside muted expectations for inflation, a sign to some bond fund managers that economic resilience and high bond supply are […]

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